Key Elements Of Business Impact Analysis
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The process of a business impact analysis bia in conjunction with a business continuity plan allows for targeted recovery strategies to be developed in the event of an emergency.
Key elements of business impact analysis. These include everything from lost sales and income delayed sales or income increased expenses regulatory fines contractual penalties to a loss of customers or their dissatisfaction and a delay of new business plans. The business impact analysis report typically includes an executive summary information on the methodology for data gathering and analysis detailed findings on the various business units and functional areas charts and diagrams to illustrate potential losses and recommendations for recovery. As such this business.
What the business impact analysis is analyzing are the operational and financial impacts of a disruption of business functions and processes.
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